Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Short Interest Down 98.7% in February

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRLGet Free Report) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 3,300 shares, a drop of 98.7% from the January 31st total of 253,200 shares. Based on an average daily volume of 14,400 shares, the days-to-cover ratio is presently 0.2 days.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Stock Up 0.2 %

SNCRL stock traded up $0.05 during midday trading on Thursday, hitting $20.99. The stock had a trading volume of 2,041 shares, compared to its average volume of 15,746. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a 52 week low of $16.40 and a 52 week high of $22.60. The stock has a 50-day simple moving average of $19.86 and a 200 day simple moving average of $18.92.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Monday, January 15th were issued a dividend of $0.5234 per share. The ex-dividend date was Thursday, January 11th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 9.98%.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Company Profile

(Get Free Report)

synchronoss technologies (nasdaq: sncr) is the mobile innovation leader that provides personal cloud solutions and software-based activation for connected devices across the globe. the company’s proven and scalable technology solutions allow customers to connect, synchronize and activate connected devices and services that empower enterprises and consumers to live in a connected world.

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